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The Piper M500 is a single-engine turboprop in production since 2015. Price: a new Piper M500 starts at US$ 3.3M; used, the market median is around US$ 2.2M. Median from Jet Tracker's price research as of 06/2026. It has a range of 1000 nm, a cruise speed of 260 kt (482 km/h), 6 seats (pilot included). In Brazil there are 105 active units in the RAB-ANAC, excluding cancelled registrations. The Meridian PA-46-500TP family (4 variants) totals 271 active units. There are 169 aircraft from this family for sale today, across 191 listings on the portals Jet Tracker tracks (global market, not Brazil only).

Source: RAB-ANAC (data as of 11/10/2026) and Jet Tracker catalog (spec sheet reviewed on 11/9/2026).

Acquisition price · pre-owned market
191 active listings (global)Jet Tracker curation · 7 sources · 6/4/2026
US$ 2.2MR$ 12.3M
market medianaging ≈ −3.0%/yr−30% vs Turboprop Single median
Entry
US$ 1.6M
model year 2016
Best value
US$ 2.1M
model year 2022
Top of range
US$ 2.4M
model year 2023
Used vs new
−34%
catalog US$ 3.3M
Minimum
US$ 1.6M
R$ 8.9M
Median
US$ 2.2M
R$ 12.3M
Maximum
US$ 3.0M
R$ 16.5M
New · manufacturer catalogin productionUS$ 3.3M · R$ 18.5M
Depreciation curve by year of manufacture
CAGR +3.1%/yr·2015→2025
Market median by vintage (USD). Light-blue band = min/max range observed across real listings. Points without reliable public listings (n ≤ 1) use Bluebook/curve interpolation and are flagged as lower confidence.
7 of 8 points with reduced confidence (n ≤ 1 listing observed). The estimate for these years comes from Aircraft Bluebook / market-curve interpolation, not from direct listings.
Landed in Brazil

Index ≈ ×1.11 to ×1.37 on the aircraft value, already with ferry, ANAC nationalization, IPI and ICMS.

Through a qualified importer
US$ 1.8M – 3.5M
R$ 9.9M – 19.3M · Agreement 75/91 · IPI + ICMS ~7 to 12%
Direct import
US$ 2.0M – 4.1M
R$ 11.4M – 22.6M · IPI + full ICMS ~25 to 32%

Market estimate: value + ferry + ANAC nationalization + taxes, no legal review. II, PIS and COFINS are 0% for aircraft (NCM 88.02); IPI is 6.5% (3.25% for air taxi) until Dec 31, 2026; ~4% ICMS only through a qualified importer (Agreement 75/91).

Cost per flight hour
Operate · owned
US$ 1.1K/h
R$ 6.2K/h · Variable/h
Fixed/yr
US$ 191.2K
Total/h @ 200 hrs/yr
US$ 2.1K/h
Charter · 🌎 World
US$ 1.2K/h
R$ 6.6K – 6.7K/h
Charter · 🇧🇷 Brazil
US$ 2.0K – 2.4K/h
R$ 11.2K – 13.4K/h

Operate = direct cost/hour (fuel + maintenance + engine); excludes fixed costs (hangar, crew, insurance). World: hourly rate published by charter operators. Brazil: charter is quoted per leg, so the hourly figure is an estimate from route quotes.

How we read this price · 7 sources · researched 6/4/2026

Median and price range for pre-owned aircraft, compiled by Jet Tracker from asking prices in listings and the price guides in the sources below, checked on 6/4/2026. 4 of 8 model years have an observed listing. The rest are estimates from the market curve between model years and are flagged in the chart.

PTAX · R$ 5.5765 / US$ · 11/10/2026

Market estimates for guidance only, not a firm quote. Confirm the value with a broker/appraiser before any transaction.

Temporal identity

First flight
—
FAA cert.
—
ANAC cert.
—
Deliveries start
—
Units produced (this variant)
—

The Piper M500 is a pressurized single-engine turboprop of the PA-46 line, in production since 2015. It has a range of 1,000 nm, a cruise speed of 260 kt and a service ceiling of 30,000 ft, with a maximum takeoff weight of 2,313 kg. The cabin carries up to 6 occupants and is normally configured for 5 passengers, which places the model at the entry point of executive turboprops. On this page you will find the spec sheet, the estimated operating cost per flight hour and the fleet registered in Brazil.

Detailed specs

Performance

Engines
1x Pratt & Whitney Canada PT6A-42A flat-rated
Maximum takeoff weight (MTOW)
5,092 lb
Useful load
1,698 lb
Shaft horsepower
500 shp
Fuel
181.5 gal
Rate of climb
1,600 ft/min
Landing distance
2,110 ft
Max cruise speed
260 kt
Takeoff distance
2,438 ft
Max certified altitude
30,000 ft

Cabin and comfort

Lavatory
No enclosed lavatory (optional privacy curtain)
Configuration
1+5 or 2+4 (single-pilot cockpit, club cabin with 4 seats)
Cabin height (alternate source)
1.19 m
Cabin length (alternate source)
3.66 m
Typical configuration
Club 4
Stand-up cabin
No
Cabin volume
5.69 m³
Differential pressurization
5.5 psi
Baggage capacity
20 cu ft
Cabin altitude at 30,000 ft
10,500 ft

Avionics and engines

TCAS
Optional TAS
Cockpit
Garmin G1000 NXi factory-installed (3 displays)
ADS-B Out
Yes
Autopilot
Garmin GFC 700 with Electronic Stability Protection (ESP) and Underspeed Protection (USP)
Flight deck
Garmin G1000 NXi
Weather radar
Garmin GWX 70 color digital
Common options
FIKI ice protection, oxygen, GTS 800 traffic, ChartView, FlightStream 510
Synthetic vision
Yes
Single-pilot certified
Yes

Operating costs

Data source
Conklin & de Decker operating cost data via planePHD (Piper Meridian M500): fuel burn 40 gph, overhaul reserve $180/h, hourly maintenance $113/h, variable $565/h · Pratt & Whitney Canada / StandardAero PT6A-42A overhaul program (TBO 3,600 h; overhaul cost ~$280k base to ~$500k+ with LLCs) · AircraftCostCalculator.com Piper M500 (variable $1,054-1,458/h depending on fuel price/hours) · AviaCost Piper M500 (variable $1,054/h, annual budget $497,870 at 325 h) · Piper M500 spec book / Piper.com (PT6A-42A, 6 seats, ~260 kt cruise)
Fuel burn
43 gal/h
Last updated
2026
Engine overhaul cost
US$ 280,000
Market price (low)
US$ 1,700,000
Engine overhaul interval
3,600 h
Market price (high)
US$ 2,400,000

External dimensions

Overall length
9 m
Wingspan
13.1 m
Height
3.4 m
Wing area
17 m²
Wing sweep
0°

Weights & fuel

Operating empty weight (OEW)
1,559 kg
Maximum takeoff weight (MTOW)
2,313 kg
Maximum payload
641 kg
Fuel capacity
687 L
Fuel capacity
1,230 lb

Minimum runway

RBAC 135.399 · no factoring (≤ 5,670 kg, assumes normal category)sea level / ISA reference

How much runway the M500 needs to dispatch: the manual figure and what the charter (RBAC 135) rule requires.

Charter (RBAC 135)
743m
no factoring · RBAC 135.399, assuming normal category; small transport-category aircraft are factored (135.397)
Takeoff or BFL, manual
743m
unfactored takeoff, manufacturer

No mandatory factoring: fits 454 of 465 Brazilian public runways.

Minimum runway

Where the M500 dispatches under charter rules

Verdict per regime (private, charter dry and wet) across 465 Brazilian public runways, with the margin in meters.

Starter feature. Available on your Jet Tracker account.

Manufacturer-published distances at sea level, ISA and reference weight. Not corrected for altitude, temperature, wind or runway condition, takeoff included. Uses the declared LDA as a proxy for effective runway length (RBAC 135.361) and the most favourable threshold in calm air (135.385(b)(1)): on the day, wind may force the shorter threshold. Destination only: does not assess the alternate aerodrome (135.387). Not a substitute for the AFM or the operator's performance analysis. Rule: RBAC 135.385 and 135.398; private flying (RBAC 91) is not factored. Runways: declared distance (LDA) from AISWEB/DECEA (2026-09-05), checkable on each aerodrome chart; where DECEA publishes no declared distance, physical length from OurAirports is used.

Cabin

Standard configuration
1 zone5 typical seats (pilot included) · 6 maxClub 4

Typical factory configuration (curated data). The drawing below is schematic and at approximate scale; the actual layout varies by interior and year.

Cabin to scale: cross-section and profile
✗ no stand-up height
1,18 m1,27 m
front cross-section · person = 1.75 m
3,73 m long
Length
3.73 m
Width
1.27 m
Height
1.18 m
Volume
5.69 m³
Baggage
—

Differences between variants

Meridian PA-46-500TPM5002015+
RangeMTOWCruiseCeiling

Key changes

Detailed variants pending.

M500M6002016–2024
RangeMTOWCruiseCeiling

Key changes

Detailed variants pending.

M600M700 Fury2024+
RangeMTOWCruiseCeiling

Key changes

Detailed variants pending.

History

Launched in 2015 as the successor to the Meridian

Piper Aircraft launched the M500 in 2015, with its public debut at Sun 'n Fun, and began deliveries the same year, positioned as the direct successor to the PA-46-500TP Meridian (in production since 2000). The big change relative to the Meridian: a factory Garmin G1000 NXi cockpit + GFC 700 with ESP/USP, replacing the Meridian's Avidyne Entegra. The physical platform (PA-46) has been identical since the 1984 Malibu, with incremental changes in pressurization and MTOW.

Brazil Fleet

The Piper M500 is a 6-seat (pilot included) single-engine turboprop with a 1,000 nm range and a 260 kt cruise speed, in production since 2015. The up-to-date RAB-ANAC registration count, summed across the variants of the Meridian PA-46-500TP family, is in the Brazil Fleet section of this page, and the breakdown by status is in the model's Analytics.

On 8 Jan 2018, Piper announced FAA certification of the Garmin G1000 NXi avionics on the M500 and said NXi-equipped units were already being delivered. In the same release, Piper planned to offer the NXi upgrade later in 2018, through a supplemental type certificate (STC), to fielded G1000-equipped Meridian (M500) aircraft.

New, the M500 starts at US$3.3 million (base price, B&CA Purchase Planning Handbook, Q1 2026). The pre-owned median and open listings, kept up to date, are in the price card and the For sale now card of this page.

Reviewed on 26/10/2026. Every number carries its source (manufacturer, certification authority or trade publication, with date); live fleet and market figures are in this page's sections.

273 registrations in the RAB across the Meridian PA-46-500TP family (4 variants), all statuses

Full analysis: listing, mark reservations, charts and change log in the ANAC Monitor.

Open Analytics

Lineage

Model with no documented lineage in the manufacturer's line.

Curiosities and highlights

Benefits

Affordable entry point to a pressurized turboprop

With a base price of US$ 3.31 million (B&CA, Mar/2026) and a used market between US$ 1.7-2.4 million today, the M500 is the most affordable option for a new pressurized single-engine turboprop, significantly cheaper than the TBM 960 (US$ 5.38 million list) or the Pilatus PC-12. It appeals to the owner-pilot moving up from a Cirrus SR22T or Piper Mirage to a first turboprop.

Garmin GFC 700 with factory ESP and USP

The M500 debuts the Garmin GFC 700 autopilot at Piper, with Electronic Stability Protection (ESP), a system that applies counter-pressure if pitch or bank is exceeded, and Underspeed Protection (USP), which detects dangerously slow flight and acts automatically to prevent a stall. The functions work even with the autopilot off, a real safety cushion for a pilot transitioning from piston aircraft.

Low operating cost: ~US$ 600/hour, 40 gph

With a fuel burn of only 40 gph (vs 55-60 gph for the TBM and 75 gph for the PC-12) and an operating cost in the range of US$ 600/hour, the M500 is the most economical pressurized turboprop to operate. At 250 hours/year, the operator saves ~US$ 60-100 thousand in fuel + maintenance vs competitors, a real advantage for low-to-medium utilization owner-operator missions.

Limitations

Slower and smaller than the TBM/PC-12 (260 kt, 1,000 nm)

Cruise of 260 kt and range of 1,000 nm are significantly lower than the TBM 940 (330 kt, 1,730 nm) or Pilatus PC-12 NGX (290 kt, 1,803 nm). On missions above 800 nm, the M500 normally requires a fuel stop where competitors fly nonstop. The cabin is also tighter, 1.27m wide, 1.19m high, with no enclosed lavatory.

Curiosities

Still in production: the M500 is the entry point of the M-Class line

Contrary to what is sometimes read, Piper has not ended the M500. It remains on sale as the entry step of the M-Class turboprop line, below the M600 SLS and the M700 Fury, and the manufacturer publishes a 2026 model-year brochure. According to GAMA delivery reports, 8 units left the factory in 2023, 13 in 2024 and 13 in 2025. In the 2026 edition of the B&CA Purchase Planning Handbook, the suggested base price is US$ 3,313,028 (US$ 3.5 million equipped).

Piper M500 for sale now

Listed aircraft with a page on Jet Tracker, from the lowest asking price up. Asking is not the closing price; portals and the reading date are on each page.

Registrations in Brazil

174 operational aircraft owned by companies in the ANAC registry (RAB), across the Meridian PA-46-500TP family (4 variants). Each opens the profile with owner, operator, status and history.

PP-AFGPP-BBFPP-FSHPP-JFFPP-JPCPP-LREPP-MDWPP-MGDPP-NTVPP-OBSPP-PFRPP-PNSPP-SCHPP-SCPPP-SLOPP-UAGPP-VHMPR-BDAPR-CMJPR-CNEPR-DHGPR-DSEPR-EGGPR-EMLPR-FLSPR-GMRPR-IDCPR-JLQPR-LAYPR-LJTPR-LRMPR-LUSPR-MOAPR-MRDPR-NANPR-PGGPR-PMJPR-PORPR-PSCPR-RZAPR-SBJPR-SFGPR-TMGPR-UJMPR-VSCPR-VTFPR-WFSPS-AGDPS-AGMPS-AIFPS-ALMPS-ANGPS-APRPS-BBFPS-BRMPS-BSAPS-BSVPS-CAMPS-CFSPS-COBPS-CRPPS-CUNPS-CVRPS-DASPS-DDFPS-DEFPS-DISPS-DLDPS-DNIPS-DUNPS-DZTPS-EAGPS-EDLPS-EJRPS-ETFPS-FBAPS-FCSPS-FDSPS-FHNPS-FINPS-FMEPS-FMNPS-FRYPS-FSBPS-FUIPS-GCPPS-GFNPS-GFTPS-GINPS-GMRPS-HBFPS-HGDPS-HLNPS-HMLPS-HRRPS-IJSPS-IMGPS-ISRPS-ITOPS-JFBPS-JFGPS-JFRPS-JGFPS-JHOPS-JIMPS-JMVPS-JSLPS-KDMPS-KLTPS-KOTPS-KTLPS-LGBPS-LLAPS-LLVPS-MAXPS-MBLPS-MDFPS-MDOPS-MDTPS-MEDPS-MFGPS-MFHPS-MGEPS-MHNPS-MIDPS-MRZPS-MTIPS-MTZPS-MVAPS-NFCPS-OBCPS-OJMPS-OURPS-PAJPS-PARPS-PCMPS-PERPS-PJPPS-PMLPS-PNBPS-PRIPS-RAKPS-RAMPS-RAZPS-RMTPS-RZRPS-SCAPS-SETPS-SYSPS-TADPS-TJSPS-TKAPS-TLCPS-TOKPS-UNEPS-UNKPS-VAAPS-VAMPS-VBPPS-VIMPS-VIXPS-VLAPS-VTRPS-VVLPS-WSGPS-ZAPPS-ZESPS-ZORPS-ZTCPT-FCEPT-HBFPT-TANPU-GENPU-SLN

Frequently asked questions

How much does the Piper M500 cost?

A new Piper M500 starts at US$ 3.3M (list price, per B&CA Purchase Planning Handbook Q1 2026 (Aviation Week)). On the used market the value varies with year and flight hours; see real listings on this model's Market tab. Reference value as of 03/2026.

What is the range of the Piper M500?

The maximum range is 1000 nm (1,000 NM · 1,852 km).

How fast is the Piper M500?

Cruise speed is 260 kt, equivalent to 482 km/h.

How many passengers does the Piper M500 seat?

The Piper M500 has 6 seats in total, counting the pilot seat: up to 5 passengers.

How many Piper M500 are there in Brazil?

There are 105 active units in the RAB-ANAC (data as of 11/10/2026): operational, mark reservation or suspended, excluding cancelled registrations. The Meridian PA-46-500TP family (4 variants) totals 271 active units.

Who operates the Piper M500 in Brazil?

101 distinct operators operate 102 units of the Piper M500 in the RAB-ANAC: 2 in air taxi (RBAC 135) and 100 in private operation (RBAC 91), concentrated in SP, MT and SC (data as of 11/10/2026). Not included in that count: 3 units with no operating class in the RAB. Name, fleet and state of each operator are on this model's Analytics tab and in the operators directory.

How much does it cost to operate the Piper M500 per hour?

Jet Tracker estimate: about US$ 2,068 per flight hour at 200 h/year, of which US$ 1,112 per hour is variable cost (fuel, engine program, maintenance reserves) plus US$ 191,200 per year of fixed cost (crew, hangar, insurance), under Jet Tracker's default assumptions (Southeast Brazil, in-house crew, 200 h/year). Run your own scenario on this model's Costs tab.

What is the market for the Piper M500 like in Brazil?

The Piper M500 is a 6-seat (pilot included) single-engine turboprop with a 1,000 nm range and a 260 kt cruise speed, in production since 2015. The up-to-date RAB-ANAC registration count, summed across the variants of the Meridian PA-46-500TP family, is in the Brazil Fleet section of this page, and the breakdown by status is in the model's Analytics.